Owner operator lease agreement terminationOwner Operator Lease Agreement • June 27th, 2023
Contract Type FiledJune 27th, 2023A lease termination letter, also known as an end of lease letter, is a written notice provided to the tenant by the property owner or manager to inform them that their lease agreement is about to expire and will not continue after a set date (determined by the landlord). When to Send a Lease Termination Letter A lease termination letter is usually given to a tenant at least 30 days prior to the end of lease date stated in the letter. A 30-day notice is especially common with month-to-month tenancies. However, you may be required to provide a 60-day notice or even a 90-day notice of termination, so be sure to read through your lease agreement thoroughly and check your local laws before you send a lease termination letter to your tenant. This will ensure you have given them proper notice according to your state regulations and the terms of your lease. Why Would I Need to Send a Lease Termination Letter? There are several reasons why a landlord may need to send a lease termination letter.